The New York Times, citing sources, revealed that representatives of the administration of US President Joe Biden cannot reach a consensus on the need to confiscate frozen Russian assets. She noted that “Washington continues to explore such a possibility, but many senior officials believe that such a move would undermine the credibility of the US as a reliable country to invest in and own assets in the country.” According to US administration officials, the withdrawal of Russian assets may encourage the central banks of other countries to redirect their assets from the dollar to other currencies.

And at the end of April, the head of the Department of Justice Merrick Garland, at a hearing in the US Senate Appropriations Committee, indicated that his department would support the adoption of a bill that would allow the US authorities to transfer part of the assets confiscated due to sanctions against Russia in Ukraine. As Garland explained, there is currently no such mechanism. US Treasury Secretary Janet Yellen confirmed in April that she did not know whether the frozen assets of the Russian Central Bank could be used to help Ukraine. The minister acknowledged the need to study the implications of such a move.